Íslandsbanki's Corporate Finance division has received 12 indicative offers for the share capital of Sjóvá Almennar tryggingar hf. Most of the offers are made for the company's entire share capital.

A new Board of Directors has been appointed for Íslandsbanki.

Profit after tax ISK 8.1 bn, estimated income tax due for the period ISK 1.37 bn million.

Profit after tax ISK 2.366 bn, estimated income tax due for the period ISK 364 million.

On the 11^th of November, the On-line edition of the New York Times published an article on Islandsbanki´s Geothermal Energy Report.

Glitnir's Resolution Committee has, on behalf of its creditors, decided to exercise the option provided for in its agreement with the Icelandic state and take over 95% of share capital in Íslandsbanki.

In continuation of its research activities in geothermal energy globally, Islandsbanki (formerly Glitnir) is issuing its third annual U.S. Geothermal Energy Market Report.

Following the conclusion of agreements between Íslandsbanki, Glitnir's Resolution Committee on behalf of creditors, and the Icelandic state, Íslandsbanki has decided to publish its opening balance sheet, dated 15 October 2008.